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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase (COIN), a US-based cryptocurrency exchange, has secured a minority stake in a payment company Circle. This collaboration comes as both entities take the significant step of dissolving their Centre Consortium partnership, which had been instrumental
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Coinbase and Circle have redefined their relationship, according to identical announcements on the Coinbaseand Circle blogs on Aug. 21. The two organizations jointly launched the USD Coin (USDC) stablecoin and have until now governed the token through the Centre Consortium.The Centre Consortium “will no longer exist as a stand-alone entity,”
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“I really do believe PayPal grows the pie for us,” McDonnell said in an interview with CryptoX. “Crypto is so small today compared to the overall financial world. And, so, getting a lot of people in, whether they come through the PayPal door, or some other door, a lot of
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Crypto exchange Coinbase has raised the offer on its $150 million debt buyback program after lukewarm demand.In an Aug. 21 announcement, Coinbase revealed that since the buyback program went into effect earlier this month, investors have tendered just over $50 million of bonds compared to a target of $150 million.
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Blockchain sleuths have flagged the transfer of $1 million of Ether (ETH) belonging to a wallet controlled by Ethereum co-founder Vitalik Buterin as cryptocurrency markets remain depressed after widespread weekend losses.#PeckShieldAlert vitalik.eth has transferred 600 $ETH (~$1M) to #Coinbase pic.twitter.com/XVTwLqPENM— PeckShieldAlert (@PeckShieldAlert) August 21, 2023 The publicly labeled Ethereum wallet address vitalik.eth
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Major cryptocurrencies traded flat over the weekend, with alternative tokens showing muted price movement as markets seemed to stabilize following one of the largest liquidation events in recent months. Bitcoin remained steady at around $26,000 with ether little changed from Sunday’s $1,670. “So long as bitcoin continues to hold above
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the early morning of Aug. 21, Ethereum (ETH) co-founder Vitalik Buterin sent 600 ETH, equivalent to over $1 million, to a Coinbase deposit address. While some may ask themselves if this indicates Buterin jumping ship,
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The move comes as ether, the second largest cryptocurrency by market capitalization suffered a 10% decline over the last seven days, amid a broad market downturn which saw traders witness $1 billion in liquidations. Ether has recovered slightly on Monday, trading in the green over the last 24 hours at
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The listing of Sei (SEI) on Coinbase drove prices and trading volumes higher. Sei is a platform for trading crypto assets, and SEI enables on-chain transactions and paying fees. DigiToads is also drawing investor attention as
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This week, Coinbase expanded. Shiba Inu’s Shibarium had a rough debut, while crypto adoption maintained momentum, with the Fed and Coca-Cola grabbing headlines. Meanwhile, the crypto market saw significant liquidations. Coinbase extends services to Canadians Coinbase warmly embraced its northern neighbors, throwing open its doors to the citizens of Canada. Starting on
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